Wednesday, July 30, 2008

Grameen Foundation, Bakrie Telecom and Qualcomm Join Efforts to Enable Affordable Telecommunications Access to Rural Indonesia

NUSA DUA, Bali, July 29 /PRNewswire-FirstCall/ -- Grameen Foundation,
Bakrie Telecom and Qualcomm Incorporated (Nasdaq: QCOM) through its Wireless
Reach(TM) initiative, today announced the launch of the first Village Phone
Program in Indonesia, branded as Uber ESIA, using 3G CDMA technology to
provide affordable wireless telecommunications services for rural communities.
The launch was held at the Asia-Pacific Regional Microcredit Summit held in
Bali, Indonesia. [more, earthtimes]

Indonesia's Excelcom H1 net soars on FX, subscribers

JAKARTA, July 29 (Reuters) - Indonesia's third-largest mobile phone operator, PT Excelcomindo Pratama Tbk EXCL.JK, reported on Tuesday its net profit soared 15-fold, after doubling its subscriber numbers and on foreign exchange gains. [more, reuters]

2008 Asia - Telecoms, Mobile and Broadband in Indonesia and Timor Leste Provides a Comprehensive Overview of the Trends and Developments in These Mark

DUBLIN, Ireland-(Business Wire)-July 23, 2008 - Research and Markets (http://www.researchandmarkets.com/research/5047cd/2008_asia_teleco) has announced the addition of the "2008 Asia - Telecoms, Mobile and Broadband in Indonesia and Timor Leste" report to their offering. [more, digital50.com]

Small shareholder wants cut in SingTel's directors' fees

A SMALL-time shareholder with just 190 of the company's shares hit out at what the board of directors was being paid at Singapore Telecommunications' (SingTel) annual general meeting on Friday, before 360 other shareholders and journalists. [more, straitstimes]

Telkomsel Targetkan Mobile Wallet Tumbuh 100%

Telkomsel memproyeksikan dapat menggandakan jumlah pengguna mobile wallet Telkomsel Cash atau T-Cash. Operator tersebut juga tengah mempersiapkan sistem layanan pengiriman uang (remittance) pertama melalui seluler di Indonesia. [more, studiohp]

Inflation clouds earnings, outlook for SE Asia telecoms

SINGAPORE: Southeast Asian telecoms providers look set to unveil mixed quarterly results, hit by stiff price competition and as high inflation curbs spending, but rising commodity revenues should insulate consumer demand in Thailand and Indonesia. [more, dailytimes]

Sunday, July 6, 2008

Qtel launches offer for further Indosat shares, studying new regulations

Qatar Telecom (Qtel) has submitted a tender offer to acquire all outstanding 'B' shares of Indosat, following its purchase last month of a 40.8% stake in the Indonesian cellco. The tender offer includes American Depositary Shares, but excludes those held by existing controlling stakeholders, according to online newspaper The Peninsula. [more, telegeography]

49% limit on Indosat acquisition

JAKARTA: Qtel will be restricted to buying as much as 49% of PT Indosat, Indonesia’s second-largest phone company, Communications Minister Mohamed Nuh said yesterday. [more, gulf-times]

Qatar Telecom's Bet on Indosat Augurs Well for Growing Market

JAKARTA -- The fortunes of PT Indosat are looking up after Qatar Telecom QSC quadrupled its stake and promised to bet more on the big Indonesian phone company. [more, wallstreet]
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